Justin da Rosa

I am the editor for Mortgage Broker News Canada.

Email me at justin.darosa@kmimedia.ca, and follow me on Twitter.

  • Commercial landscape in flux

    Commercial brokers are already forced to put in long hours for each deal and new data suggests that earning those deals may become harder, with the commercial landscape about to change.

  • Economist assuages overbuilding fears

    Industry players and speculators shouldn’t worry about overbuilding in Canada according to one economist, who believes even the hottest markets are healthy.

  • Major lender applies for banking license

    One of the broker network’s main lenders is applying to the Minister of Finance for a Schedule I bank charter.

  • Condo construction cools

    The trend measure for housing starts dropped month-over-month from September to October of this year, due in part to a decrease in condo starts

  • BoC Governor addresses mortgage insurance exposure

    Brokers have already suggested it and now the deputy governor of the Bank of Canada, Lawrence Schembri, has suggested the creation of a “private-label mortgage securitization market.”

  • OSFI releases official B-21 guidelines

    Brokers will likely breathe a sigh of relief as OSFI has unveiled its finalized B-21 guidelines, following a draft that was largely believed to be less intrusive than its preceding B-20 version.

  • Hidden fees rampant in U.K. mortgage industry

    Canadian brokers and mortgage borrowers are always leery of hidden mortgage fees, but one trend occurring across the pond will shock and surprise industry vets.

  • Scotiabank cuts 1,500 positions

    Brokers are already bracing for a surge in the number of mortgage specialists entering the channel, with one big bank’s announcement that it will shed 1,500 positions in a drive to achieve “greater efficiencies” – even at a cost of $148 million.

  • Leading lender expands operation

    Canadian First Financial Group announced Monday it is expanding its retail banking operations by adding seven locations in Western Canada.

  • 3-D modeled open-houses from the comfort of your office

    A new piece of technology will help arm brokers with the ability to virtually walk clients through their dream home – adding another layer to the broker/client relationship.